Bitcoin: BTCUSD Pieces Of Eight Bitcoin lost the pull of the big parallel last night and then drifted sideways. It then started to use the lower parallel as resistance - bears came in where you'd expect them to attack, just under the 10 mark. But no one panicked. Holders who once exchanged one Bitcoin for an oz of weed weren't going to pull out now. That...
BITCOIN: BTCUSD Turn your back on Bitcoin for a few hours and ...just wish we'd all been around at 2.30 am GMT: The first really big bear engulfing red candles appear, smashes through the parallel (our long stop has already been taken for 25 point loss, earlier) the panic the increases and Bitcoin falls to the perfect spot...falling away the beginning of the...
Bitcoin: BTCUSD Bulls have won the battle for high ground above 6950. look to Buy dips from here to the highs Well we should have booked about 200-240 profit on long from 7000 as Bitcoin spent 19 minutes dancing either side the little dynamic, a mercifully short battle before bulls won the day, triggering the long with stops 50 under the line which were never...
These three butterflies looked like ducks, started to walk like ducks and now they are surely quacking like ducks!!! They've got to be real ducks!! Hehehehe FX_IDC:GBPAUD Happy Trading :)
Bitcoin: BTCUSD Neutral right now - must break above 6550 and hold on retest to trigger next long This could well be a continuation pattern before Bitcoin rallies potentially as high as 7400 in bear-mangling AbC pattern - after throwing everyone off it's back except day traders - who are also now fighting a narrowing field with a little flag pattern appearing...
Bitcoin: BTCUSD See how the successful retest of the bigger controlling (until midnight est) parallel took 2 hours to occur at the 6150 level? This retest of the old dynamic support we were looking for around 6515-6500 range has taken an hour to play out as price danced either side of the line but with a low at 6503. It's always a tense period watching,...
BITCOIN: BTCUSD On the Brink Right Now Testing the first support 6425 range. Day-traders will be closing out again here, looking to see if selling power wanes ...don't think so but it could create a little counter rally from 6425-6400 , with 6400 being the exact point where the medium term trend line stands right now - and if it does, it should get stopped by...
Bitcoin: BTCUSD Not Out of Woods Yet By 7.30pm est the Chinese market opened and started to pile in, probably not believing their luck that Bitcoin was trading at the ideal entry point off 7077 again. The immediate burst of buying took Bitcoin up to test the resistance line at 7344 for a quick 260 points of profiit before sellers moved back in. Since then...
GBPUSD Neutral now awaiting next signal Price action over last 12 hours has seen Sterling break below the lower parallel, thereby breaking the staggered uptrend that's been in play since the turn of the year. It doesn't look good for GBP but the game isn't up quite yet... Right now this pair is neutral: Need to see a break below that support line at 1.3021 to...
GOLD: XAUUSD Update It's quite complicated and full of whipsaw - and there's likely to be more in store until DXY straightens itself out... Was waiting around a long time to get long at 1274 which looked like a good trade to begin with after an intraday low at 1273.25 as Wall Street joined the session...just hope you were smart enough and fast enough to exit,...
GBPUSD Next Long set-up (and downside from here) We've just seen a Pip Perfect test of the rising support line - the perfect exit point for shorts on this pair. And stellar trading if you managed to reverse there...the perfect trade with a stop just 5 pips lower. Right now, Sterling is sticking at 1.3113 - it just needs to get 5 pips higher to trigger a long from...
" A son of the sun " Bitcoin chart illustration I make this "Art chart" for everyone who is in a relationship and interesting BITCOIN! My full respect the most powerful crypto in the world. I just want to see BTC up & up in next years. More strong... Thank you for comments guys (y) Welcome everyone!
End of uptrend + SHS + Go for A for ABC correction or 1 of 5 down trend. By the way, crash can be come without abcde, if the price goes to below lower trendline . Good luck!!!
In the last post, a symmetric triangle was identified, after resistance break an immediate target was achieved, at next major resistance. However, this resistance zone was not pose any resistance at all, so we could see a price rally to higher levels, and DMI confirms it. RSI and Stochastic (not shown) look overbought. Market is currently struggling at the 0.786...
Today, on Thursday, August 3, the Euro gained more than 70 base points against the British Pound in less than an hour. It was a purely fundamental event, which was still consistent with the ascending channel pattern, which has guided the pair throughout this summer. The currency exchange rate met with the combined resistance of the weekly R2 and the upper trend...
for somebody bought bitcoin on high price time is no late for sell their bitcoin after that making (M) bearish
TThere is a good penetration of the level, we will test the bottoms
USDEUR: Today has seen a key day turnaround with massive dollar failure at highs marked by mass of heavy bear engulfing red candles: this is heavy rejection, no messing. This price action heralds the beginning of the next dollar down-wave. Catch it fast. Two shorts, from here to 0.8874 and from 0.8863 to 0.8807.